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BuyerQuest Holdings

Acquired

Berea, US · Founded 2015 · Delaware corporation · 1 known investors

Find your way into BuyerQuest Holdings

Cleveland-based provider of cloud-based enterprise procure-to-pay software, acquired by The ODP Corporation in 2021.

Also known as BuyerQuest · BuyerQuest Holdings, Inc.

Founders & leadership

BuyerQuest Holdings was founded in 2015 by John Mulloy.

JM
John MulloyFounder

Board

DRDaniel Raynor
Daniel RaynorinBoard directorManaging Partner at The Argentum Group
CK
Clark KhayatBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$10.4M disclosed across 2 rounds · 2015–2016

$3MraisedJun 2017 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel RaynorDirector
  • Clark KhayatDirector
  • John MulloyExecutive Officer, Director
Offering amount
$3M
Amount sold
$3M
Proceeds to insiders
$153.8K
First sale
Dec 2016
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$7.4MraisedSep 2015 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Clark KhayatDirector
  • Daniel RaynorDirector
  • John MulloyExecutive Officer, Director
Offering amount
$7.4M
Amount sold
$7.4M
Proceeds to insiders
$1.1M
First sale
May 2015
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

BuyerQuest Holdings, Inc. is a software developer based in Cleveland, Ohio, focused on cloud-based enterprise procure-to-pay (P2P) technology. Its platform applies a consumer-style e-commerce shopping experience to corporate purchasing, presenting employees with a private, curated marketplace of trusted suppliers in order to simplify buying, shorten cycle times and improve adoption among procurement teams and end users.

The product is aimed at organizations seeking more efficient procurement processes through centralized purchasing and integration with ERP, procurement and analytics ecosystems. BuyerQuest has been recognized by industry analysts, including inclusion in Gartner's Magic Quadrant for Procure-to-Pay Suites and recognition as a Procure-to-Pay leader in G2's Momentum Grid Report. In February 2021, the company was acquired by The ODP Corporation, a provider of business services, products and digital workplace technology solutions delivered through an integrated B2B distribution platform.

Business model

BuyerQuest licenses cloud-based procure-to-pay software to enterprises, centralizing purchasing across a curated marketplace of approved suppliers and integrating with existing ERP, procurement and analytics systems. Following its acquisition by The ODP Corporation, the platform sits within an integrated B2B distribution business.

Revenue is derived from its cloud-based enterprise procure-to-pay software platform. Third-party estimates place annual revenue in the $10M-$25M range.

Traction

Third-party listings report approximately 16 employees as of July 2026, an employee range of 11-50, and estimated annual revenue of $10M-$25M. Recognition includes Gartner's Magic Quadrant for Procure-to-Pay Suites (2019), G2's Momentum Grid Report for Procure to Pay (2020), Ardent Partners Key Solution Provider (2020) and finalist status for the 2020 Procurement Technology Award.

Latest developments

On February 18, 2021, The ODP Corporation announced the acquisition of BuyerQuest Holdings, Inc. Public listings continue to describe the company as operating in software development in Ohio with roughly 16 employees across North America and Europe.

Full profile — market position, technology, go-to-market, geography, history

Market position

BuyerQuest is positioned as an enterprise procure-to-pay software vendor with analyst recognition, including inclusion in Gartner's Magic Quadrant for Procure-to-Pay Suites, a Procure-to-Pay leader designation in G2's Momentum Grid Report and selection as an Ardent Partners Key Solution Provider. Companies listed as comparable include JAGGAER, Proactis, Vroozi, Procurify and Precoro.

The platform's principal distinguishing feature is a business-to-consumer style e-commerce shopping experience applied to enterprise procurement, delivered through a private, curated marketplace of trusted suppliers, combined with analyst recognition including placement in Gartner's Magic Quadrant for Procure-to-Pay Suites.

Technology

The platform is delivered as cloud-based software supporting a curated supplier marketplace and integration with ERP, procurement and analytics systems. Reported technologies in use include MongoDB Atlas, React, HubSpot Analytics, W3 Total Cache, Lucide, reCAPTCHA, Google Search Console and LinkedIn Ads.

Go-to-market

BuyerQuest sells to enterprise procurement organizations directly and through channel arrangements with regional eProcurement providers, such as its exclusive agreement with Cloudia covering the Middle East and Africa. Analyst and industry recognition from Gartner, G2, Ardent Partners and Procurement Leaders supports its enterprise positioning.

Mid-market and large enterprise organizations with procurement teams seeking to centralize purchasing, reduce cycle times and increase user adoption of procurement systems.

Geography

Headquartered in Ohio, United States, with employees reported across North America and Europe. An exclusive agreement with Cloudia extended distribution of the BuyerQuest P2P solution into the Middle East and Africa regions.

History

The company built and marketed a cloud-based enterprise procure-to-pay platform from Cleveland, Ohio. It was recognized in Gartner's Magic Quadrant for Procure-to-Pay Suites in 2019, named a finalist for the 2020 Procurement Technology Award from Procurement Leaders, cited as a Procure-to-Pay leader in G2's Momentum Grid Report and selected as a Key Solution Provider by Ardent Partners in 2020, and signed an exclusive Middle East and Africa distribution agreement with Finnish eProcurement provider Cloudia in January 2020. On February 18, 2021, The ODP Corporation (NASDAQ: ODP) announced it had acquired BuyerQuest Holdings, Inc.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJul 202616 people
Estimated annual revenueJul 2026$10M - $25M (estimate)

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 7

launches, deals, and filings
Feb 2021
The ODP Corporation acquires BuyerQuest Holdings

The ODP Corporation (NASDAQ: ODP), a provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, announced it had acquired BuyerQuest Holdings, Inc., a provider of cloud-based enterprise Procure-to-Pay software.

source ↗

Feb 2021
Cloud-based software platform launch reported

Cleveland-based BuyerQuest created a cloud-based software platform intended to change how businesses buy and sell.

source ↗

Jul 2020
Selected as a Key Solution Provider by Ardent Partners

BuyerQuest announced it had been selected as a Key Solution Provider by Ardent Partners.

source ↗

Jul 2020
Named a Procure-to-Pay leader in G2 Momentum Grid Report

BuyerQuest's platform was recognized as a Procure-to-Pay leader in G2's Momentum Grid Report for Procure to Pay.

source ↗

Mar 2020
Finalist for the 2020 Procurement Technology Award

BuyerQuest was named a finalist for the 2020 Procurement Technology Award from Procurement Leaders, host of the Americas Procurement Congress.

source ↗

Jan 2020
Exclusive agreement with Cloudia for Middle East and Africa

BuyerQuest announced an exclusive agreement with Finnish eProcurement service provider Cloudia covering the Middle East and Africa regions, adding the BuyerQuest Procure-to-Pay solution to the Cloudia product portfolio.

source ↗

Aug 2019
Recognized in Gartner Magic Quadrant for Procure-to-Pay Suites

BuyerQuest was recognized in the latest edition of Gartner's Magic Quadrant for Procure-to-Pay Suites report.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
BuyerQuest HoldingsDelaware

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does BuyerQuest Holdings do?
Cleveland-based provider of cloud-based enterprise procure-to-pay software, acquired by The ODP Corporation in 2021.
Who founded BuyerQuest Holdings?
BuyerQuest Holdings was founded by John Mulloy in 2015.
Who are BuyerQuest Holdings's investors?
BuyerQuest Holdings's investors include The Argentum Group.
How much funding has BuyerQuest Holdings raised?
BuyerQuest Holdings has disclosed $10.4M raised across 2 rounds.
Where is BuyerQuest Holdings headquartered?
BuyerQuest Holdings is headquartered in Berea, US.